Question

Does marketing create value? Give 3 examples to justfy your answer

Answer 1

Marketing means advertisement of the product to a large number of potential customer in order to generate sales and maximize the profits to benefit the company in the long run.

Three examples of marketing are-

1.social advertisements by various companies helps in creation of lot of value as it can be seen through various types of ADS on social media network.

2.advertisement by political parties on the social media network can also be seen as an example of marketing and it can be seen through digital media influence of various leaders such as Narendra Modi entire campaign of election was based on social media marketing.

3.it can also be seen through advertisement in print and electronic media which helps to reach out to potential customers such as when various seasons of NBA are held, one can see various companies which are the sponsors of the event for the respective year